Liberum Capital Ltd Reiterates Hold on Afren (AFR)
Afren (LON: AFR)‘s stock had its “hold” rating restated by analysts at Liberum Capital Ltd in a research report issued to clients and investors on Tuesday. They currently have a $1.95 (123 GBX) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Nomura reiterated a “neutral” rating on shares of Afren in a research note to investors on Friday. They now have a $2.80 price target on the stock. Analysts at Barclays Capital reiterated an “overweight” rating on shares of Afren in a research note to investors on Tuesday, January 8th. They now have a $3.38 price target on the stock.
Afren opened at 139.255 on Tuesday. Afren has a 1-year low of GBX 92.85 and a 1-year high of GBX 152.97. The stock’s 50-day moving average is currently GBX 137.2. The company’s market cap is £1.513 billion.
Afren plc (Afren) is engaged in oil and gas exploration, development and production in Africa and the Kurdistan region of Iraq.
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